How do firms in Argentina get financing to export?

This paper delves into the importance of access to financing for the performance of firms in export markets. Based on a unique microeconomic database that combines data on Argentine firms’ characteristics and export performance with information on their domestic and external financing, we provide a...

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Autores principales: Castagnino, Tomás, D'Amato, Laura Inés, Sangiácomo, Máximo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2012
Materias:
Ciencias Económicas
credit constraints
bank credit
international trade
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/173772
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-173772
record_format dspace
spelling I19-R120-10915-1737722024-11-27T20:12:52Z http://sedici.unlp.edu.ar/handle/10915/173772 How do firms in Argentina get financing to export? Castagnino, Tomás D'Amato, Laura Inés Sangiácomo, Máximo 2012-11 2012 2024-11-27T18:07:13Z en Ciencias Económicas credit constraints bank credit international trade This paper delves into the importance of access to financing for the performance of firms in export markets. Based on a unique microeconomic database that combines data on Argentine firms’ characteristics and export performance with information on their domestic and external financing, we provide a rich insight into their financing patterns. Through the use of a descriptive and econometric analysis, we have found that: i) access to bank credit increases the probability of firms’ entry into export markets, ii) once firms become exporters, bank financing becomes less important and it is the access to foreign financing what helps to explain their success in foreign markets. Also, to study the duration of firms in export markets, we estimate survival functions by firm size, using the Kalpan-Meier estimator. We find that the probability of survival increases with firm’s size in the earlier years of exporting. Once firms become regular exporters, their permanence in export markets becomes less dependent on their size. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
credit constraints
bank credit
international trade
spellingShingle Ciencias Económicas
credit constraints
bank credit
international trade
Castagnino, Tomás
D'Amato, Laura Inés
Sangiácomo, Máximo
How do firms in Argentina get financing to export?
topic_facet Ciencias Económicas
credit constraints
bank credit
international trade
description This paper delves into the importance of access to financing for the performance of firms in export markets. Based on a unique microeconomic database that combines data on Argentine firms’ characteristics and export performance with information on their domestic and external financing, we provide a rich insight into their financing patterns. Through the use of a descriptive and econometric analysis, we have found that: i) access to bank credit increases the probability of firms’ entry into export markets, ii) once firms become exporters, bank financing becomes less important and it is the access to foreign financing what helps to explain their success in foreign markets. Also, to study the duration of firms in export markets, we estimate survival functions by firm size, using the Kalpan-Meier estimator. We find that the probability of survival increases with firm’s size in the earlier years of exporting. Once firms become regular exporters, their permanence in export markets becomes less dependent on their size.
format Objeto de conferencia
Objeto de conferencia
author Castagnino, Tomás
D'Amato, Laura Inés
Sangiácomo, Máximo
author_facet Castagnino, Tomás
D'Amato, Laura Inés
Sangiácomo, Máximo
author_sort Castagnino, Tomás
title How do firms in Argentina get financing to export?
title_short How do firms in Argentina get financing to export?
title_full How do firms in Argentina get financing to export?
title_fullStr How do firms in Argentina get financing to export?
title_full_unstemmed How do firms in Argentina get financing to export?
title_sort how do firms in argentina get financing to export?
publishDate 2012
url http://sedici.unlp.edu.ar/handle/10915/173772
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AT damatolauraines howdofirmsinargentinagetfinancingtoexport
AT sangiacomomaximo howdofirmsinargentinagetfinancingtoexport
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